Renewable refinery conversions increase across Europe
The energy transition continues across the globe as Preem AB of Sweden recently announced that it is indeed proceeding with its newly announced plan to convert the long-running Lysekil refinery into what is designed to become the largest renewable fuel facility in Scandinavia. Preem recently began the Lysekil conversion process with its application for an environmental permit that will initiate the company’s plan to add 650,000 to 950,000 cubic meters of renewable diesel annually at the Lysekil site. A final investment decision is expected by mid-2021 with a production startup by the end of 2024. Preem CEO Magnus Heimburg considers this latest conversion project to have “large-scale renew
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